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The Central Bank of Iraq intends next month, to put large amounts of local currency, small groups, while continuing to receive the currency damaged by citizens and replace it New.

The Governor of the Bank, Dr. Ali Alalak in a meeting with the "morning", will be published later: "The Central Bank of Iraq, the development of a plan to compensate the market small groups of local currency, as will be next month large amounts of huge ones," noting that " Will meet the need of the local market for those categories of currency. "

He added that "the bank continues to receive local currencies damaged by citizens and replace them with new currencies," revealing at the same time, "the existence of a specialized committee to examine the damaged papers to ensure the integrity of fraud and manipulation." link

Cinderella1906 » September 9th, 2018

BOOM!!!!!

Frank26 » September 9th, 2018

(thumbs Up)

Cleitus » September 9th, 2018

This is HUUUUUUUUGE!!! Really Huuuuuuuge !!!

WJbillr » September 9th, 2018

This must be the second article

Don961 » September 9th, 2018

nope ... just a cool teaser .... an appetizer ... imo Notice this : "The Governor of the Bank, Dr. Ali Alalak in a meeting with the "morning", will be published later"

Rich4hyip » September 9th, 2018

this looks to be the final convey before the official introduction of the second article, thank you so much don, this is really getting exciting.

Samson » September 9th, 2018

The collapse of the currencies against the dollar .. Ruble another view

8th September, 2018

In recent months, the value of many currencies in emerging markets against the US dollar has been falling, but the least affected was the Russian ruble, which Moscow confirms has options in its hands to improve its value, unlike other markets such as Turkey and Argentina.

On Friday, Bloomberg reported a list of the worst 6 currencies in emerging markets in the past year. The list touched on the value lost by the currencies against the US dollar, as follows:

The Russian ruble has lost nearly 17 percent of its value in the last year, at its lowest level in two and a half years, after Russian Prime Minister Dmitry Medvedev called on the central bank to cut rates in an effort to stimulate growth. Medvedev's statement caused negative results for the Russian ruble, as traders and traders are concerned about government intervention in central bank abuse, as in the Turkish lira. Turkish President Recep Tayyip Erdoğan's calls for a cut in interest rates have led to disastrous results. lira.

Bloomberg said that the position of the Russian Central Bank is impressive, as it announced that it would move away from the government and raise interest rates if the ruble depreciated more, because the 10 percent ruble devaluation would automatically increase inflation in the country one point. ​

Moscow says it has several options to rescue the ruble, despite Western sanctions imposed on it, noting that it has already taken a series of measures, opening the door to additional measures. One step taken by the Russian central bank to ease pressure on the ruble was to stop daily purchases of the US dollar until next month and to cancel bond auctions in the last two weeks.

But Bloomberg said the steps taken so far have had little impact on the ruble and the Russian economy in general. But there is plenty in Moscow's treasury, Russian Deputy Finance Minister Vladimir Kulchev said in an interview this week that Russia may re-buy its own bonds if necessary.

Russian government debt is only 13 percent of the country's gross domestic product, one of the lowest in the world, which means there is a big margin for Moscow to revalue its currency. Besides, Russia has reserves of $ 460 billion in foreign exchange and gold, which means Moscow is able to repay its international debt. The steady rise in oil prices, Russia's main export, is also a major bulwark. LINK

The United States imports from its Russian rival 10 amphibious aircraft

2018/9/8 21:42

A company, the Technical-Technical Academy of Tagen (TANTK), has signed a contract to supply Amphibious aircraft to the United States on the sidelines of the Gidroaviasalon-2018 exhibition. "On September 8, 2018, at Hydroaviasalon-2018, a contract was signed to supply 10 Beam 200ES amphibious aircraft to the United States," a source at the company's press office said.

The document was signed by Yuri Grodinen, General Manager and Chief Designer of TANTK, from the US side, Patrick Masardi, President of Seaplane Global AirServices.

The source said: The signed contract includes the supply of four B-200 amphibious aircraft and the option to sell six other aircraft of the same type. The first two will be equipped with D-436TB engines and the remaining SAM-146 engines. LINK